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Layer 1 blockchains Cardano (ADA) and Avalanche (AVAX) are making rapid technical updates as they jostle for the top 10 crypto spot. However, analysts are noting that a new contender is eyeing the top 10 for 2025 with a focus on the lucrative GambleFi sector. Rollblock’s (RBLK) crypto casino is already a resounding success. Now, this top altcoin’s sports betting expansion has it looking at 1,000x growth or more at the conclusion of its crypto presale.
Cardano Midnight Upgrade Sets It Firmly in the Top 10
Cardano’s latest Midnight upgrade announcement has it securely in the top 10 tokens by market capitalization. The Cardano price is up more than 25% this week alone, which brings its monthly return to a staggering 188%.
Cardano’s latest upgrade is focused on DeFi functionality with Real World Asset (RWA) tokenization. RWA tokenization is one of the hottest areas in crypto at the moment, and Cardano has taken a technological lead with this latest upgrade.
However, the Cardano price still faces a difficult road ahead in the extremely competitive market for Layer 1 blockchains.
Impact of Avalanche 9000 Upgrade Remains to Be Seen
The current Avalanche price leaves it only slightly behind in the tenth position by market capitalization. Avalanche is only up 60% this month, which is why it is trailing its biggest Layer 1 blockchain competitor.
However, this top altcoin is also rolling out its own major upgrade: Avalanche 9000. This upgrade also has a DeFi focus, which vastly reduces the cost for deploying new blockchains for DeFi applications to operate on.
Analysts are mixed on whether this upgrade can rally the Avalanche price enough to secure its spot in the top 10 tokens.
Rollblock Racing to Top 10 on GambleFi Growth Formula
Rollblock is on track to break into the top 10 tokens by 2026 thanks to its focus on the lucrative GambleFi sector. While Avalanche and Cardano need to constantly innovate to stay relevant in the competitive market for Layer 1 blockchains, Rollblock has a simple formula for growth based on taking a huge share of the more than $500 billion global gambling industry.
Rollblock’s formula for staggering growth starts with a comprehensive GambleFi platform. That is why the successful rollout of its sports betting expansion on top of its established platform of 7,000 provably fair games is so important.
Rollblock will be able to rapidly accelerate its player growth thanks to this expansion, which will feed even more revenue into its signature formula for value generation.
This formula generates value by redirecting up to 30% of weekly revenue from the casino into performing buybacks in the open market. 60% of these tokens are then burned immediately. The remaining tokens are used to provide staking rewards that create an additional income stream for holders.
Rollblock still has another four crypto presale stages to complete before its tokens go live and start their projected 1,000x rally. However, the ongoing 50% token bonus event has rapidly accelerated this process, and the current presale price of $0.036 is set to increase again soon.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/11/29/cardano-ada-avalanche-avax-jostle-top-10-crypto-spot/